The Harmony network just got hit with a serious exploit, letting attackers mint trillions of ONE tokens out of thin air. In response, the dev team has decided to roll back the blockchain to undo the damage and get the network back on track.

What went down on Harmony

During the attack, hackers managed to create trillions of new ONE tokens, throwing the whole ecosystem out of whack and shaking user confidence in the project.

How Harmony is responding

To limit the fallout, the Harmony team announced plans to roll back the blockchain. This move will restore the network to its pre-attack state and reverse the unauthorized token minting.

Impact on users and the ecosystem

Rolling back a blockchain is a rare and complex move for any project. Users should keep an eye on Harmony’s official channels for the latest updates on the recovery process and what’s coming next.